Glendale Municipal Employees Retirement System
public plan · City of Glendale · Tucson, AZ
ACTIVE
B
Pension Health Score
72/100
Funding Status75% Funded
0%80% threshold100%
$4.6B
Total Assets
$6.1B
Total Liabilities
$1.6B
Unfunded Liability
38,948
Participants
Funding History
What This Means for You
Glendale Municipal Employees Retirement System is in good financial health at 75% funded. This means for every dollar the plan owes in future benefits, it has 75 cents in assets to cover it. As a public pension, benefits are typically backed by the taxing authority of the sponsoring government. Participants in this plan have relatively low risk of benefit reductions.
Year-by-Year Funding
| Year | Assets | Liabilities | Funding Ratio | Contributions |
|---|---|---|---|---|
| 2025 | $4.6B | $6.1B | 74.7% | $163.7M |
| 2024 | $4.6B | $5.9B | 76.7% | $237.5M |
| 2023 | $4.4B | $6.7B | 65.5% | $203.7M |
| 2022 | $4.1B | $5.7B | 72.2% | $172.3M |
| 2021 | $3.9B | $5.6B | 70.0% | $229.4M |